
Respiratory Care Devices Market by Product (Consumables & Accessories, Diagnostic Devices, Monitoring Devices), Indication (Asthma, Chronic Obstructive Pulmonary Disease, Infectious Disease), End-User - Global Forecast 2024-2030
Description
Respiratory Care Devices Market by Product (Consumables & Accessories, Diagnostic Devices, Monitoring Devices), Indication (Asthma, Chronic Obstructive Pulmonary Disease, Infectious Disease), End-User - Global Forecast 2024-2030
The Respiratory Care Devices Market size was estimated at USD 19.87 billion in 2023 and expected to reach USD 21.08 billion in 2024, at a CAGR 6.39% to reach USD 30.66 billion by 2030.
Global Respiratory Care Devices Market
The respiratory care devices market encompasses various medical devices, equipment, and consumables utilized for the diagnosis, monitoring, treatment, and management of respiratory diseases. These devices are employed in healthcare settings, including hospitals, clinics, ambulatory surgical centers, and homecare situations by patients who require long-term care. Key factors driving the respiratory care devices market are the rising prevalence of respiratory diseases owing to increasing air pollution levels and tobacco usage, leading to COPD and asthma cases. Limitations & challenges faced by the growth of this market include high costs associated with advanced medical equipment limiting accessibility and risk of complications or infections due to improper handling or misuse of complex devices. Market companies are focusing on developing compact, user-friendly portable devices. Moreover, research into material science for lighter-weight components with improved durability and digital connectivity enabling improved patient care coordination by integrating advanced technologies into respiratory care solutions is creating lucrative opportunities for the global respiratory care devices market.
Regional Insights
The Americas has experienced growth in its respiratory care devices market owing to increasing awareness regarding various respiratory disorders among the general population and the strong presence of key market companies in this region. Factors driving this growth include improving healthcare infrastructure, favorable reimbursement policies, and the growing adoption of advanced technologies by market players. The EMEA region has seen significant expansion within its respiratory care devices market owing to an aging population prone to chronic respiratory diseases, including COPD. Furthermore, government initiatives aimed at reducing healthcare costs are encouraging the adoption of home respiratory care devices within this region. Furthermore, increased government spending on healthcare infrastructure in the Middle East region has augmented the demand for respiratory care devices within EMEA. APAC is expected to be one of the fastest-growing regions in the global respiratory care devices market. The rapidly increasing population in China, India, and Japan has led to a surge in chronic respiratory diseases. Additionally, high air pollution levels in major cities across Asia-Pacific are contributing to an increased prevalence of respiratory ailments among its residents. This, coupled with improving healthcare infrastructure, growing awareness about respiratory disorders among the populace, and rising disposable incomes, have fostered market growth within this region.
FPNV Positioning Matrix
The FPNV Positioning Matrix is pivotal in evaluating the Respiratory Care Devices Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).
Market Share Analysis
The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Respiratory Care Devices Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.
Key Company Profiles
The report delves into recent significant developments in the Respiratory Care Devices Market, highlighting leading vendors and their innovative profiles. These include Advin Health Care, Allied Medical LLC, Baxter International, Inc., Catalent, Inc., Drägerwerk AG & Co. KGaA, Fisher & Paykel Healthcare Limited, Flexicare (Group) Limited, GE HealthCare Technologies Inc., Getinge AB, Hamilton Medical AG, Invacare Corporation, Koninklijke Philips N.V., Leistung, L’Air Liquide S.A., Masimo Corp., Max Ventilator by A.B.Industries, Medline Industries, LP, Medtechlife, Medtronic PLC, Nihon Kohden Corporation, Nonin Medical, Inc., Omron Corporation, React Health, ResMed Corp., Schiller AG, Smiths Group PLC, Teleflex Incorporated, Thermo Fisher Scientific Inc., Vyaire Medical, Inc., and ZOLL Medical Corporation by Asahi Kasei Corporation.
Market Segmentation & Coverage
This research report categorizes the Respiratory Care Devices Market to forecast the revenues and analyze trends in each of the following sub-markets:
Product
Consumables & Accessories
Breathing Circuits
Masks
Nasal Cannulas
Tracheostomy Tubes
Diagnostic Devices
Peak Flow Meters
Polysomnography Devices
Spirometers
Monitoring Devices
Gas Analyzers
Pulse Oximeters
Therapeutic Devices
Inhalers
Nebulizers
Positive Airway Pressure (PAP) Devices
Ventilators
Indication
Asthma
Chronic Obstructive Pulmonary Disease
Infectious Disease
Sleep Apnea
End-User
Ambulatory Care Centers
Home Care Settings
Hospitals & Clinics
Region
Americas
Argentina
Brazil
Canada
Mexico
United States
California
Florida
Illinois
New York
Ohio
Pennsylvania
Texas
Asia-Pacific
Australia
China
India
Indonesia
Japan
Malaysia
Philippines
Singapore
South Korea
Taiwan
Thailand
Vietnam
Europe, Middle East & Africa
Denmark
Egypt
Finland
France
Germany
Israel
Italy
Netherlands
Nigeria
Norway
Poland
Qatar
Russia
Saudi Arabia
South Africa
Spain
Sweden
Switzerland
Turkey
United Arab Emirates
United Kingdom
The report offers valuable insights on the following aspects:
1. Market Penetration: It presents comprehensive information on the market provided by key players.
2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.
The report addresses key questions such as:
1. What is the market size and forecast of the Respiratory Care Devices Market?
2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Respiratory Care Devices Market?
3. What are the technology trends and regulatory frameworks in the Respiratory Care Devices Market?
4. What is the market share of the leading vendors in the Respiratory Care Devices Market?
5. Which modes and strategic moves are suitable for entering the Respiratory Care Devices Market?
Note: PDF & Excel + Online Access - 1 Year
Table of Contents
194 Pages
- 1. Preface
- 1.1. Objectives of the Study
- 1.2. Market Segmentation & Coverage
- 1.3. Years Considered for the Study
- 1.4. Currency & Pricing
- 1.5. Language
- 1.6. Limitations
- 1.7. Assumptions
- 1.8. Stakeholders
- 2. Research Methodology
- 2.1. Define: Research Objective
- 2.2. Determine: Research Design
- 2.3. Prepare: Research Instrument
- 2.4. Collect: Data Source
- 2.5. Analyze: Data Interpretation
- 2.6. Formulate: Data Verification
- 2.7. Publish: Research Report
- 2.8. Repeat: Report Update
- 3. Executive Summary
- 4. Market Overview
- 4.1. Introduction
- 4.2. Respiratory Care Devices Market, by Region
- 5. Market Insights
- 5.1. Market Dynamics
- 5.1.1. Drivers
- 5.1.1.1. Rising prevalence of respiratory diseases among the population
- 5.1.1.2. Government initiatives promoting better healthcare infrastructure
- 5.1.1.3. Growing awareness about early diagnosis and effective management techniques for chronic respiratory conditions
- 5.1.2. Restraints
- 5.1.2.1. High costs associated with respiratory care devices
- 5.1.3. Opportunities
- 5.1.3.1. Integration of advanced technologies in respiratory care devices
- 5.1.3.2. Increasing demand for portable medical solutions that enable ease-of-use in-home settings;
- 5.1.4. Challenges
- 5.1.4.1. Stringent approval processes coupled with concern associated with quality of construction and safety in handling
- 5.2. Market Segmentation Analysis
- 5.2.1. Product: Growing need for essential consumables and accessories for respiratory care devices
- 5.2.2. Indication: Rising prevalence of respiratory disorders among population
- 5.2.3. End-User: Emerging demand for user-friendly devices with remote monitoring capabilities to facilitate better patient adherence in home care settings
- 5.3. Market Trend Analysis
- 5.4. Cumulative Impact of High Inflation
- 5.5. Porter’s Five Forces Analysis
- 5.5.1. Threat of New Entrants
- 5.5.2. Threat of Substitutes
- 5.5.3. Bargaining Power of Customers
- 5.5.4. Bargaining Power of Suppliers
- 5.5.5. Industry Rivalry
- 5.6. Value Chain & Critical Path Analysis
- 5.7. Regulatory Framework
- 6. Respiratory Care Devices Market, by Product
- 6.1. Introduction
- 6.2. Consumables & Accessories
- 6.3.1. Breathing Circuits
- 6.3.2. Masks
- 6.3.3. Nasal Cannulas
- 6.3.4. Tracheostomy Tubes
- 6.3. Diagnostic Devices
- 6.4.1. Peak Flow Meters
- 6.4.2. Polysomnography Devices
- 6.4.3. Spirometers
- 6.4. Monitoring Devices
- 6.5.1. Gas Analyzers
- 6.5.2. Pulse Oximeters
- 6.5. Therapeutic Devices
- 6.6.1. Inhalers
- 6.6.2. Nebulizers
- 6.6.3. Positive Airway Pressure (PAP) Devices
- 6.6.4. Ventilators
- 7. Respiratory Care Devices Market, by Indication
- 7.1. Introduction
- 7.2. Asthma
- 7.3. Chronic Obstructive Pulmonary Disease
- 7.4. Infectious Disease
- 7.5. Sleep Apnea
- 8. Respiratory Care Devices Market, by End-User
- 8.1. Introduction
- 8.2. Ambulatory Care Centers
- 8.3. Home Care Settings
- 8.4. Hospitals & Clinics
- 9. Americas Respiratory Care Devices Market
- 9.1. Introduction
- 9.2. Argentina
- 9.3. Brazil
- 9.4. Canada
- 9.5. Mexico
- 9.6. United States
- 10. Asia-Pacific Respiratory Care Devices Market
- 10.1. Introduction
- 10.2. Australia
- 10.3. China
- 10.4. India
- 10.5. Indonesia
- 10.6. Japan
- 10.7. Malaysia
- 10.8. Philippines
- 10.9. Singapore
- 10.10. South Korea
- 10.11. Taiwan
- 10.12. Thailand
- 10.13. Vietnam
- 11. Europe, Middle East & Africa Respiratory Care Devices Market
- 11.1. Introduction
- 11.2. Denmark
- 11.3. Egypt
- 11.4. Finland
- 11.5. France
- 11.6. Germany
- 11.7. Israel
- 11.8. Italy
- 11.9. Netherlands
- 11.10. Nigeria
- 11.11. Norway
- 11.12. Poland
- 11.13. Qatar
- 11.14. Russia
- 11.15. Saudi Arabia
- 11.16. South Africa
- 11.17. Spain
- 11.18. Sweden
- 11.19. Switzerland
- 11.20. Turkey
- 11.21. United Arab Emirates
- 11.22. United Kingdom
- 12. Competitive Landscape
- 12.1. FPNV Positioning Matrix
- 12.2. Market Share Analysis, By Key Player
- 12.3. Competitive Scenario Analysis, By Key Player
- 12.3.1. Agreement, Collaboration, & Partnership
- 12.3.1.1. Medline Debuts New Ventilator Following Partnership
- 12.3.2. New Product Launch & Enhancement
- 12.3.2.1. Vitalograph Launches New Respiratory VitaloPFT Series
- 12.3.2.2. Getinge Expands the ICU Offering with the New Ventilator Servo-C
- 13. Competitive Portfolio
- 13.1. Key Company Profiles
- 13.1.1. Advin Health Care
- 13.1.2. Allied Medical LLC
- 13.1.3. Baxter International, Inc.
- 13.1.4. Catalent, Inc.
- 13.1.5. Drägerwerk AG & Co. KGaA
- 13.1.6. Fisher & Paykel Healthcare Limited
- 13.1.7. Flexicare (Group) Limited
- 13.1.8. GE HealthCare Technologies Inc.
- 13.1.9. Getinge AB
- 13.1.10. Hamilton Medical AG
- 13.1.11. Invacare Corporation
- 13.1.12. Koninklijke Philips N.V.
- 13.1.13. Leistung
- 13.1.14. L’Air Liquide S.A.
- 13.1.15. Masimo Corp.
- 13.1.16. Max Ventilator by A.B.Industries
- 13.1.17. Medline Industries, LP
- 13.1.18. Medtechlife
- 13.1.19. Medtronic PLC
- 13.1.20. Nihon Kohden Corporation
- 13.1.21. Nonin Medical, Inc.
- 13.1.22. Omron Corporation
- 13.1.23. React Health
- 13.1.24. ResMed Corp.
- 13.1.25. Schiller AG
- 13.1.26. Smiths Group PLC
- 13.1.27. Teleflex Incorporated
- 13.1.28. Thermo Fisher Scientific Inc.
- 13.1.29. Vyaire Medical, Inc.
- 13.1.30. ZOLL Medical Corporation by Asahi Kasei Corporation
- 13.2. Key Product Portfolio
- 14. Appendix
- 14.1. Discussion Guide
- 14.2. License & Pricing
- FIGURE 1. RESPIRATORY CARE DEVICES MARKET RESEARCH PROCESS
- FIGURE 2. RESPIRATORY CARE DEVICES MARKET SIZE, 2023 VS 2030
- FIGURE 3. RESPIRATORY CARE DEVICES MARKET SIZE, 2018-2030 (USD MILLION)
- FIGURE 4. RESPIRATORY CARE DEVICES MARKET SIZE, BY REGION, 2023 VS 2030 (%)
- FIGURE 5. RESPIRATORY CARE DEVICES MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 6. RESPIRATORY CARE DEVICES MARKET DYNAMICS
- FIGURE 7. RESPIRATORY CARE DEVICES MARKET SIZE, BY PRODUCT, 2023 VS 2030 (%)
- FIGURE 8. RESPIRATORY CARE DEVICES MARKET SIZE, BY PRODUCT, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 9. RESPIRATORY CARE DEVICES MARKET SIZE, BY INDICATION, 2023 VS 2030 (%)
- FIGURE 10. RESPIRATORY CARE DEVICES MARKET SIZE, BY INDICATION, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 11. RESPIRATORY CARE DEVICES MARKET SIZE, BY END-USER, 2023 VS 2030 (%)
- FIGURE 12. RESPIRATORY CARE DEVICES MARKET SIZE, BY END-USER, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 13. AMERICAS RESPIRATORY CARE DEVICES MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
- FIGURE 14. AMERICAS RESPIRATORY CARE DEVICES MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 15. UNITED STATES RESPIRATORY CARE DEVICES MARKET SIZE, BY STATE, 2023 VS 2030 (%)
- FIGURE 16. UNITED STATES RESPIRATORY CARE DEVICES MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 17. ASIA-PACIFIC RESPIRATORY CARE DEVICES MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
- FIGURE 18. ASIA-PACIFIC RESPIRATORY CARE DEVICES MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 19. EUROPE, MIDDLE EAST & AFRICA RESPIRATORY CARE DEVICES MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
- FIGURE 20. EUROPE, MIDDLE EAST & AFRICA RESPIRATORY CARE DEVICES MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 21. RESPIRATORY CARE DEVICES MARKET, FPNV POSITIONING MATRIX, 2023
- FIGURE 22. RESPIRATORY CARE DEVICES MARKET SHARE, BY KEY PLAYER, 2023
Pricing
Currency Rates
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